mkaratov
Level 1
‎07-10-2020 10:46 AM

Both Taxpayer and spouse have foreign bank accounts, but Proseries only has the option to mark the account as "jointly owned with spouse."

Is there a way to mark the account as only the spouse?

 

Thank you

0 Cheers
Just-Lisa-Now-
Level 15
Level 15
‎07-10-2020 10:56 AM

I believe you need to split it into 2 MFS returns then use the spouse return to file the 114.  

File > Split MFJ return

Oh wait, you said 8938....so the above info is not correct unles you need to file the 114 also. 

I have one of these, let me look....I just left it with both names at the top, since its a joint return.


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
0 Cheers
mkaratov
Level 1
‎07-10-2020 05:20 PM

Thanks-

I found this for Form 114, but not 8938: 

https://proconnect.intuit.com/community/individual/help/creating-form-114-report-of-foreign-bank-and...